Chevron Variance

Chevron Corporation -- USA Stock  

USD 114.81  0.24  0.21%

The Macroaxis Technical Indicators lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
Symbol
Refresh
Chevron Corporation has current Variance of 1.26. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Chevron 
Variance 
 = 
SUM(RET DEV)2 
 = 
1.26
SUM =   Summation notation
RET DEV =   Actual returns deviation over selected period
N =   Number of points for the period

Variance Comparison

Chevron Corporation is rated below average in variance category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  3.58  of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Chevron Corporation is roughly  3.58 
Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
Compare Chevron to competition
Chevron Corporationration, through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. more
NameChevron Corporation
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
BBB+Good
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00093410.0
ISINUS1667641005
CUSIP166764100
CurrencyUSD - US Dollar